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What you need to know about Nvidia competitor Cerebras after wild IPO

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Cerebras Systems' monster debut on Thursday didn't just place it among tech's biggest-ever IPOs — it was a crystal clear signal of unstoppable demand...
Business

Cerebras IPO mints two billionaires, sets stage for potential AI wave

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Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., holds the Wafer Scale Engine 3 AI chip during the company's initial public...
Business

Cerebras opens at $350 on Nasdaq, topping $100 billion market cap after blockbuster IPO

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Cerebras Systems popped in its Nasdaq debut on Thursday, opening at $350, after selling shares at $185, well above the chipmaker's expected range. That...
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Cisco CEO says tech is entering a ‘networking supercycle’ as stock pops 14% on strong AI demand

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Cisco CEO Chuck Robbins told CNBC on Thursday that skyrocketing demand for artificial intelligence tools and equipment is powering the industry toward a "networking...
Business

Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami

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Cerebras Systems, a maker of artificial intelligence chips, priced its IPO at $185 a share on Wednesday, above the expected range, according to a...
Business

Microsoft feared being too dependent on OpenAI, Musk-Altman trial testimony reveals

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Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6,...
Business

Cisco’s stock pops 11% on earnings beat, strong guidance

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Cisco CEO Chuck Robbins speaks at the Semafor World Economy summit in Washington on April 15, 2026.Alex Wong | Getty ImagesCisco shares soared in...
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AI-driven cyberattacks will start to be the ‘new norm’ in months, Palo Alto warns

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As the ransomware industry evolves, experts are predicting hackers will only continue to find more and more ways of using the technology to exploit...
Business

Altman details Musk’s OpenAI fallout, says nonprofit was ‘left for dead’

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A combination photo shows CEO of OpenAI Sam Altman (L) on April 28, 2026 and Elon Musk on April 29, 2026 during the trial...
Business

Anduril doubles valuation to over $60 billion as defense tech funding boom continues

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The Anduril Industries headquarters in Costa Mesa, California, US, on Thursday, Dec. 14, 2023. Kyle Grillot | Bloomberg | Getty ImagesDefense tech startup Anduril on...
Business

Qualcomm drops 13% as chip stocks pull back from record AI-driven rally

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Qualcomm is one of the biggest semiconductor companies making chipsets.Nurphoto | Nurphoto | Getty ImagesChip stocks dropped on Tuesday, pulling back from a massive...
Business

OpenAI revenue chief Dresser says enterprise AI adoption is ‘at a tipping point’

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OpenAI Chief Revenue Officer Denise Dresser said Monday that we're at a "tipping point" in enterprise artificial intelligence adoption, and the startup's new Deployment...
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